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Revenues returning to normalcy; hope govt eases restrictions on international patients: HealthCare Global

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Revenues are on the path to normalcy, said BS Ajaikumar, Chairman & CEO of HealthCare Global. “We are seeing the return to normal possibly in the last quarter of this year,” he said in an interview to CNBC-TV18.

Revenues are on the path to normalcy, said BS Ajaikumar, Chairman & CEO of HealthCare Global. “We are seeing the return to normal possibly in the last quarter of this year,” he said in an interview to CNBC-TV18.
Crucial to the company’s fortunes will be the government easing restriction on international patients.
“As of now oncology footfalls have improved. We also hope that the government of India, some restrictions are released on the international patients for healthcare. Once the transportation improves that will also improve,” he said.
Ajaikumar added that new centres are doing well and nearing breakeven. He added that the Nagpur centre is already reporting above break-even levels. However, Kolkata Centre is yet to get there, he said.
“With all this happening, we see a significant improvement in the last quarter. The first quarter of next year, we will be back to normal,” he added.